Opportunitiesfor a firm to trade internationally: (Exam)
Minnesota School Of Business
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4.2.1– Global Markets and Business Expansion 2023 Update
- Class notes • 8 pages • 2023
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4.2.1– Global Markets and
Business Expansion
2023 Update
Opportunitiesfor a firm to trade internationally:
• Selling products in overseas markets
• Obtaining raw materialsfrom overseas
• Setting up an overseas presence
• Moving production abroad
• Relocating to another country
The effects of any push and pull factors and a business’s response to them, depends on nature of business,
its market and its products.
Push Factor: ‘Push’ a business away from domestic markets...
Class notes
4.2.1– Global Markets and Business Expansion 2023 Update
Last document update:
ago
4.2.1– Global Markets and Business Expansion 2023 Update Opportunitiesfor a firm to trade internationally: • Selling products in overseas markets • Obtaining raw materialsfrom overseas • Setting up an overseas presence • Moving production abroad • Relocating to another country The effects of any push and pull factors and a business’s response to them, depends on nature of business, its market and its products. Push Factor: ‘Push’ a business away from domestic markets...
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